this post was submitted on 28 Jan 2024
283 points (99.0% liked)
InsanePeopleFacebook
2603 readers
131 users here now
Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In Canada, above a certain amount they need to be in rolls. But rolling machines are also a thing, though there's a limit to how fast you can feed them.
If you found yourself in possession of Scrooge McDuck's pool of coins, you might not be able to convert it all in one trip, but you'd be able to spend it all eventually.
The Canadian currency act, where those limits are stated, is silent on the subject of rolls.
Ah thanks for the correction. I must have mistaken a convention or specific business' policy for law.
I can’t speak for Canada, but in the US some banks require rolls while others require loose. The bank I worked for we required loose because we put them through a machine coin sorter. Smaller banks the tellers sometimes have to hand roll coins themselves so if you’re bringing in an excessive amount they have bank policies that it must be rolls. On the other hand we would have to break open any rolls you brought in because it’s very easy to fake rolled coins.